FDIC Looks to Direct Monitoring of Fintech Companies After Synapse Collapse December 5, 2024 By Emily Mason The Federal Deposit Insurance Corp. has started to directly monitor financial-technology companies that partner with banks across the US, according...
Evolve Bank & Trust Confirms Data Was Stolen in Cyberattack June 27, 2024 By Teresa Xie and Charles Gorrivan Evolve Bank & Trust confirmed it was the victim of a cyberattack and that customer data had been posted on...
Fintech Revolution May Threaten 250,000 Jobs as Europe Insurers Seek Cost Cuts April 7, 2016 By Oliver Suess The rush is on to replace people with software in Europe’s insurance industry as cost cutting and automation become increasingly...
Markel International Launches Fintech Business Protection Cover March 31, 2016 Markel International, the London-based specialist insurance subsidiary of Markel Corp., has launched a policy offering comprehensive protection for businesses in...
Japan Opens Door to ‘Fintech’ Revolution with Plans to Ease Investment Rules March 29, 2016 By Thomas Wilson A laggard in embracing the ‘fintech’, or financial technology, revolution, Japan is set to ease investment restrictions that could free...
Insurance Sector Struggles to Innovate: KPMG International Survey September 17, 2015 While insurance executives overwhelmingly know that innovation will drive future competitive advantage and growth, most seem to be struggling to...